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Virginia Beach and Hampton Roads Real Estate Sellers – List Like The Market Is Dying ReBlog

by Dennis Blackmore on October 27, 2009

in Virginia Beach, VA Area Information

Tim McGraw

Tim McGraw via last.fm

Virginia Beach and Hampton Roads real estate sellers: Below is a great article that pertains to almost all of the United States.

Via Steve Loynd, Alpine Lakes Real Estate Inc., Loon Mt, NH.:

Live like you are dying, the lyrics of this Tim McGraw song speaks volumes to many different people.

As I listened to what this song is advocating, It occurred to me many sellers should heed this lesson. They put a price on a property that they think “someday” it may sell for. If moving on with your life requires the sale of a property you own…there is not an infinite amount of time to accomplish this sale. Life is Short.

What got me thinking about this, is I have several short sales a bank owned sale and a probate property that are pending. With these sales the process to close will be longer (in some cases much longer) than the time it took to find a buyer. The price was right, the buyers where motivated and the sellers showed their willingness to sell, by pricing the property to sell.

List like the market is dying

Life is Short


#1 If you are going to buy after this sale…the sooner you sell the sooner you are in the buyers shoes (you are merely trading equity…if you buy a replacement property).

#2 Moving on is far less painful than hanging on (how many months of mortgages, taxes, insurance utilities will be spend holding…after you admit you want to sell).

#3 You may be better off renting for a time (dropping the major maintenance costs and healing your credit may put you in a better place in the long run than draining your savings, while waiting to score on unrealistic re-sales).

My Bucket list doesn’t include living in a home I can’t afford…and waiting for someone to over pay me for the same privileges. Life is Short.

Many thanks to Steve for a great article.

Steve Loynd, White Mountain New Hampshire real Estate Expert

steve@alpinelakes.com toll free 800-926-5653 /cell 603-381-7898

MLS search and Realtor web site: www.alpinelakes.com

My outside Blog: www.steveswhitemountainblog.com

Lincoln NH & Local interest site: www.localism.com/nh/lincoln

Get Your Virginia Beach, Chesapeake, Norfolk, Suffolk, or Hampton Roads Real Estate Value Here.

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{ 2 comments… read them below or add one }

Alison Creamer October 27, 2009 at 1:24 pm

LOVE IT !!!! Great post thanks for posting

Jennifer Cash October 29, 2009 at 5:23 pm

Very true! So much inventory is out there right now for buyers-sellers really do need to “list like the market is dying” (btw great analogy with Tim McGraw).

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